• 500 Lower Lake Road Westlake Village, CA 91361

  • $8,999,950
  • 0
    Sq Ft
  • 130780
    Sqft
  • Listed By: Carl Torres, Pinnacle Estate Properties, DRE #01208201
  • Source: CRMLS

Welcome to "The Peninsula". READY TO DESIGN & BUILD, and Possible TRADE!! Absolutely Spectacular Trophy Property and Most Likely the Largest Waterfront Property on a Suburban Lake in Southern California! Located Behind the 24-Hour Security Guarded Gates of the World Class Sherwood Country Club, this Epic and A One-of-a-Kind 3.0 Acre Parcel on the Shores of Lake Sherwood Features 1,100 Lineal Feet of Shoreline and a 270 Degree Unobstructed View of the Private Lake. Truly a Magical Setting. With Known Entitlements Complete, Drainage Installed and Utilities On Site, this Recently Graded Parcel has Multiple Buildable Areas and is Ready For You to Create Your Own Magnificent Timeless Estate....Up to a 30,000 Sq.Ft. One-Story Main Residence and Guest House, with Pool, Tennis Court, Motor Court and Garages - or Whatever Your Dreams Desire. Exclusive to this Amazing Property is the 4 Deeded 60-Foot Wide Private Boat Dock Spaces, Water Drilling Rights, and Pumping Rights From the Lake for Irrigation Use. Home to Numerous Celebrities Due to its Privacy, Security, and Exclusivity, Sherwood Country Club is Only 5 Minutes Away From the Upscale Community of Westlake Village and World Class Dining & Entertainment, High-End Shopping and Award Winning Schools. With the Purchase of a Membership to Sherwood Country Club, or Sherwood Lake Club, Life's Pleasures Can Be at Your Fingertips with Such Resort Quality Amenities as Fine Dining, PGA Golf Course, Additional Executive Golf Course, 15 Multiple Surface Tennis Courts, Olympic Size Pool, Spa & Gym Facilities. All a Very Special Offering.

Property Type :

Land

County :

Ventura

Style :

Land

Sell a home like this and save $539,498 Find Out How

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Fencing

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 3.0023

Lot Size Source: Assessor

Lot Size Square Feet: 130780

Listing Price Information

Original List Price: 8,999,950

Listing Contract Date: 2024-04-11

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6950170035

Garage and Parking

Homeowners Association

Association: Yes

Association Fee: 711

AssociationFee Frequency: Monthly

Calculated Total Monthly Association Fees: 711

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: WV - Westlake Village

Directions: Enter Stafford Gate, Left on Stafford Rd, Left on Lower Lake Rd to the end.

Zoning: RE

Source Property Type: Land

Area: WV - Westlake Village

Building and Construction

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1990 Highgate Road, Westlake Village, CA,91361 $5,399,999 5 5 6,484 46576 Sqft
1480 Cheviot Hills Court, Westlake Village, CA,91361 $5,495,000 5 5 5,421 41704 Sqft
1482 Caitlyn Circle, Westlake Village, CA,91361 $2,649,000 4 5 4,352 12215 Sqft
32140 Canyon Crest Court, Westlake Village, CA,91361 $1,195,000 4 3 2,263 2099 Sqft
32132 Canyon Crest Court, Westlake Village, CA,91361 $1,299,999 4 2 2,618 2387 Sqft
1798 Brooksfall Court, Westlake Village, CA,91361 $1,475,000 3 2 1,991 10534 Sqft
3668 Twin Lake, Westlake Village, CA,91361 $2,595,000 4 3 3,292 14831 Sqft
1189 Stoneshead Court, Westlake Village, CA,91361 $2,250,000 4 3 2,574 24200 Sqft
4050 Mariner Circle, Westlake Village, CA,91361 $3,075,000 4 2 2,564 5033 Sqft
2162 Crespi Lane, Westlake Village, CA,91361 $949,999 2 2 1,508 6534 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/07/2024 @ 13:27

MLS: SR24073274
LISTED BY: Carl Torres, Pinnacle Estate Properties
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $539,498 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion